Deals & M&A1 min read
Codere Online is still watching prediction markets.
Financial year ended 31 December 2025
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It was reported that Betfred is exploring entry into adult gaming centres. The reported plans accompany closures of more than 130 shops as the company reorganises after higher UK gambling taxes.
Betsson is following prediction markets with interest but does not expect the US event-contract model to work in its main markets, CEO Pontus Lindwall said on the company's Q2 2026 investor call. He said that in most markets where Betsson is strong, prediction markets would fall under gaming regulation and differ little from normal sports betting.
Las Vegas Sands chairman and chief executive Patrick Dumont reaffirmed the company’s commitment to Macau and ruled out prediction market expansion. Speaking to Bloomberg TV at The Venetian Macao, Dumont expressed confidence in Macau’s long-term outlook despite four consecutive months of slowing gaming revenue.
Las Vegas Sands chairman and chief executive Patrick Dumont said the company remains committed to Macau and does not intend to enter prediction markets, in an interview with Bloomberg TV at The Venetian Macao. The comments were reported after gaming revenue in Macau had slowed for four consecutive months.
Reportedly, ParlayX has raised $1.25m in pre-seed funding led by Dreamcraft Ventures. The infrastructure startup plans to add platform integrations and expand operations for institutional prediction markets.
Texas Capital analyst David Bain lowered Full House Resorts’ rating to “hold” from “buy”, according to a report, and cut his price target to $1 from $3.50. Bain cited uncertainty over debt restructuring and financing for the planned American Place casino; he forecast third-quarter EBITDA of $14.1 million, below the $15.8 million consensus estimate.